EVANSTON: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
EVANSTON
Largest movements
- Cash -€89,154
down €89,154 (-26.2%), from €340,874 to €251,720
mainly Receivables within one year (-€75,491) and Trade debts (-€25,000)
- Receivables within one year +€75,491
up €75,491 (+8,023%), from €941 to €76,432
of which Trade receivables: +€59,956
- Tangible fixed assets -€8,458
down €8,458 (-15.4%), from €55,073 to €46,615
of which Leasing and similar rights: -€11,931
- Trade debts -€25,000
no longer reported in 2025 (was €25,000)
- Reserves +€24,000
up €24,000 (+13.2%), from €181,348 to €205,348
of which Distributable reserves: +€24,000
- Debts after one year -€15,286
no longer reported in 2025 (was €15,286)
- Other debts +€9,501
up €9,501 (+1,054%), from €901 to €10,402
- Current portion of long-term debt -€8,165
down €8,165 (-58.7%), from €13,906 to €5,741
- Gross operating margin -€68,911
down €68,911 (-53.7%), from €128,348 to €59,437
- Taxes -€12,950
down €12,950 (-45.0%), from €28,763 to €15,813
- Depreciation +€1,680
up €1,680 (+10.8%), from €15,614 to €17,294
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €396,888 | €374,766 | -€22,122 | -5.6% |
| Fixed assets | 21/28 | €55,073 | €46,615 | -€8,458 | -15.4% |
| Tangible fixed assets | 22/27 | €55,073 | €46,615 | -€8,458 | -15.4% |
| Plant, machinery and equipment | 23 | €6,302 | €4,320 | -€1,983 | -31.5% |
| Furniture and vehicles | 24 | €12,979 | €18,434 | +€5,455 | +42.0% |
| Leasing and similar rights | 25 | €35,792 | €23,861 | -€11,931 | -33.3% |
| Current assets | 29/58 | €341,815 | €328,152 | -€13,663 | -4.0% |
| Amounts receivable within one year | 40/41 | €941 | €76,432 | +€75,491 | +8,023% |
| Trade receivables | 40 | - | €59,956 | +€59,956 | |
| Other amounts receivable | 41 | €941 | €16,476 | +€15,535 | +1,651% |
| Cash at bank and in hand | 54/58 | €340,874 | €251,720 | -€89,154 | -26.2% |
| Total equity and liabilities | 10/49 | €396,888 | €374,766 | -€22,122 | -5.6% |
| Equity | 10/15 | €318,839 | €343,512 | +€24,674 | +7.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €181,348 | €205,348 | +€24,000 | +13.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €179,488 | €203,488 | +€24,000 | +13.4% |
| Profit (loss) carried forward | 14 | €118,890 | €119,564 | +€674 | +0.6% |
| Amounts payable | 17/49 | €78,049 | €31,254 | -€46,796 | -60.0% |
| Amounts payable after more than one year | 17 | €15,286 | - | -€15,286 | |
| Financial debts | 170/4 | €15,286 | - | -€15,286 | |
| Amounts payable within one year | 42/48 | €62,764 | €31,254 | -€31,510 | -50.2% |
| Current portion of amounts payable after more than one year | 42 | €13,906 | €5,741 | -€8,165 | -58.7% |
| Trade debts | 44 | €25,000 | - | -€25,000 | |
| Suppliers | 440/4 | €25,000 | - | -€25,000 | |
| Taxes, remuneration and social security | 45 | €22,956 | €15,110 | -€7,846 | -34.2% |
| Taxes | 450/3 | €22,956 | €15,110 | -€7,846 | -34.2% |
| Other amounts payable | 47/48 | €901 | €10,402 | +€9,501 | +1,054% |
| Non-recurring operating income | 76A | - | €25,000 | +€25,000 | |
| Remuneration, social security and pensions | 62 | - | €549 | +€549 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,614 | €17,294 | +€1,680 | +10.8% |
| Other operating charges | 640/8 | €1,184 | €205 | -€979 | -82.7% |
| Gross operating margin | 9900 | €128,348 | €59,437 | -€68,911 | -53.7% |
| Operating profit (loss) | 9901 | €111,550 | €41,390 | -€70,160 | -62.9% |
| Financial charges | 65/66B | €1,392 | €903 | -€488 | -35.1% |
| Recurring financial charges | 65 | €1,392 | €903 | -€488 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | €110,158 | €40,486 | -€69,672 | -63.2% |
| Income taxes | 67/77 | €28,763 | €15,813 | -€12,950 | -45.0% |
| Profit (loss) for the period | 9904 | €81,396 | €24,674 | -€56,722 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €81,396 | €24,674 | -€56,722 | -69.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.